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Evercore ISI believes Apple premium valuation could expand further

March 14, 2023 8:26 AM EDT

Apple's (NASDAQ: AAPL) premium valuation could further expand, according to Evercore ISI analyst Amit Daryanani.

Evercore ISI currently has an Outperform rating and a $190 price target on Apple shares. While Daryanani acknowledged that investors have been somewhat critical of the firm's recent bullishness on Apple, he maintained his positive stance on the stock.... More